Quick off the Wall Tax question for parents

ds52262
Thu, 31 Jan 2008 13:43:04 +0000

The Academy will claim $12.500 in support for next year. Unless you can exceed that number chances are you will not be able to claim him as a deduction. The Academy will give you some good info about this at Orientation.

I am not able to claim potter for the first six months of 2007 becuase I cannot show more than $12,500 in expenses. We are filing her taxes as Single head of household for 2007. She will get everything she payed in FITW for 2007. I am waiting for her W-2 info. We talked last night about it and her info is up on Mypay. So I expect to file hers over the weekend.

There are parent groups like FAMNET, and yahoo groupd for parents of each class. Currently a lot of parents are asking the same questions. Most are learning the deduction ended last year.